About shopgro
shopgro is a company based in Bengaluru (India) founded in 2016. shopgro has raised $35.42 thousand across 2 funding rounds from investors including Deshpande Startups and Startup Karnataka. shopgro operates in a competitive market with competitors including Shopify, Squarespace, Weebly, Webs and Uberall, among others.
- Headquarter Bengaluru, India
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Sectors
TechnologyRetail
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Email
Locked
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Phone
Locked
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Website
Locked
- Legal Name Shopgro India Private Limited
- Date of Incorporation 05 Sep, 2016
- Jurisdiction Hubli, Karnataka, India
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Annual Revenue
$21.72 K (USD)7.03as on Mar 31, 2021
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Net Profit
-$20.58 K (USD)-349.13as on Mar 31, 2021
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EBITDA
-$38.11 K (USD)-52.98as on Mar 31, 2021
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Total Equity Funding
$35.42 K (USD)
in 2 rounds
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Latest Funding Round
$35.42 K (USD), Seed
Nov 06, 2019
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Investors
Deshpande Startups
& 1 more
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Employee Count
Not available
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Funding Insights of shopgro
shopgro has successfully raised a total of $35.42K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $35.42 thousand completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in shopgro
shopgro has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Deshpande Startups and Startup Karnataka.
| Investor | Description | Founded Year | Domain | Location |
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Supporting startups through incubation, funding, and innovation services in India.
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Support for startups in Karnataka is delivered through policies, funding, and networking services.
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Investor details for shopgro
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Investments & Acquisitions by shopgro
Investment portfolio details for shopgro
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Financial Statements - shopgro
Detailed financials for shopgro
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Shopgro Comparisons
Peer comparison for shopgro
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- Named peers
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Competitors of shopgro
shopgro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shopify, Squarespace, Weebly, Webs and Uberall, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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E-commerce storefront solutions are provided for online businesses.
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Cloud-based website builder tool
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Tools for creating websites and online stores are provided.
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| Locked | Locked | Locked |
Websites are built without coding via a cloud-based drag-and-drop platform.
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| Locked | Locked | Locked |
Online presence for local businesses is managed centrally across platforms.
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| Locked | Locked | Locked |
SaaS solutions for e-commerce store creation and management are provided.
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Detailed competitors of shopgro
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Latest news on Shopgro
Complete news archive for shopgro
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Frequently Asked Questions about shopgro
shopgro was founded in 2016 and raised its 1st funding round 3 years after it was founded.
shopgro is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
shopgro is a funded company, having raised a total of $35.42K across 2 funding rounds to date.
Annual revenue of shopgro is $21.72K as on Mar 31, 2021.
Founded in 2016 in Bengaluru, India, solutions are provided in the retail technology sector to establish hyper-local online stores for businesses. A plug-and-play device is utilized to connect barcode scanners and point-of-sale systems, transmitting scanned data to a cloud platform. Product details and images are sourced, store pages are generated, and search engine optimization is applied to enhance visibility in local search results.
shopgro's top competitors include Shopify, Squarespace and Weebly.
shopgro has 2 investors. Key investors include Deshpande Startups, and Startup Karnataka.
The valuation of shopgro is $985.81K as of Nov 2019.